Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now Taipei Exchange - Delayed Quote • TWD Ledlink Optics, Inc. (5230.TWO) Follow Add holdings 21.70 +0.15 +(0.70%) At close: May 2 at 1:30:02 PM GMT+8 Related News Berkshire Hathaway annual meeting: Buffett to step down as CEO at year-end, recommends Abel take over The annual Berkshire Hathaway (BRK-A, BRK-B) shareholder meeting, hosted by CEO Warren Buffett, is here. Berkshire earnings: What else to expect at shareholders meeting Berkshire Hathaway (BRK-B, BRK-A) will reveal its first quarter earnings results this Saturday at its annual shareholders meeting. What else are Wall Street investors eager to hear from the investment firm? The Glenview Trust Company chief investment officer Bill Stone comes on Market Domination to talk about Berkshire's cash pile worth over $330 billion and what topics chairman and CEO Warren Buffett could address at the event. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. Auto tariffs, Berkshire earnings, Fed meeting: What to Watch To close out today's Market Domination Overtime, hosts Julie Hyman and Josh Lipton preview the biggest stories and earnings reports to come next week, including President Trump's tariff on auto tariffs which will take effect this Saturday; Berkshire Hathaway (BRK-B, BRK-A) announcing quarterly results at its annual shareholders meeting; Palantir (PLTR), Ford (FORD), and Disney (DIS) will also release earnings; and Federal Reserve' officials will be convening in Washington, D.C. for their May FOMC meeting. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. Warren Buffett Plans to Step Down as Berkshire CEO at Year-End Warren Buffett said he has recommended Berkshire Hathaway’s Vice Chairman Greg Abel to become the CEO in 2026. Omaha, Neb.—It was time. Warren Buffett stunned the investing world Saturday by revealing his plans to step down as Berkshire Hathaway’s chief executive at year-end and hand the reins to handpicked successor, Greg Abel. Warren Buffett’s best and worst investments in his 60 years as Berkshire Hathaway CEO Billionaire investor Warren Buffett said Saturday that he wants to step down as chief executive of Berkshire Hathaway at the end of the year. Buffett, one of the world's richest people and most accomplished investors, took control of Berkshire Hathaway in 1965 when it was a textiles manufacturer. It also earned him the nickname “Oracle of Omaha,” a reference to the Nebraska city where Buffett was born and chose to live and work. Reaction to Buffett plan to step down as Berkshire CEO, new CEO Abel Warren Buffett, 94, announced Saturday he will step down as chief executive of Berkshire Hathaway at the end of 2025, and hand over the reins to Vice Chairman Greg Abel. Here are reactions: JPMorgan Chase & Co CEO Jamie Dimon: "Warren Buffett represents everything that is good about American capitalism and America itself -- investing in the growth of our nation and its businesses with integrity, optimism, and common sense. I've learned so much from him to this very day, and I am honored to call him a friend." Warren Buffett, on Stage at Berkshire Meeting, Defends Global Trade “Trade should not be a weapon,” the investor said as he decried policies that create a few winners and widespread resentment elsewhere. Warren Buffett Talks Tariffs, Market Volatility, and Stepping Down as CEO at Berkshire Hathaway's Annual Meeting Buffett isn't a fan of tariffs, but he remains a fan of the U.S. economy. The current market volatility is nothing new for Berkshire. Buffett wants Greg Abel to become CEO of Berkshire Hathaway by year's end. Berkshire’s Buffett Will Step Down as CEO After 60 Years. Heir Apparent Abel Gets the Nod. Warren Buffett surprised shareholders with his announcement on Saturday. The board still needs to vote on Greg Abel as successor. Who is Greg Abel, the executive picked to be successor to Warren Buffett? When Warren Buffett announced at his annual shareholder meeting Saturday that he is stepping down as CEO of Berkshire Hathaway at the end of the year, he elevated a low-key 62-year-old Canadian executive named Greg Abel who has long been one of his top lieutenants. For the past seven years, Abel has been overseeing Berkshire’s BNSF railroad and its treat makers See’s Candies and Dairy Queen along with dozens of other manufacturing and retail businesses that Buffett acquired over the years. Berkshire confirmed Abel as Buffett’s successor in 2021 after former Vice Chairman Charlie Munger let it slip at the annual meeting. Warren Buffett's Successor Breaks Silence--And Investors Just Got Their Answer Berkshire's next CEO vows to follow Buffett's exact blueprint--no flashy turns, just steady compounding and cash hoarding. Berkshire (BRK.B) Holds Fire on $10B Deal as Buffett, Jain Warn of Market Risk and Currency Fallout Insurance pressure, macro stress, and cash discipline define Buffett's cautious near-term outlook Berkshire Hathaway (BRK.B) Puts Patience and Purpose First as Buffett Draws Healthy Crowd Buffett stays loyal to Japan, praises Apple, and reminds investors that joy matters too Berkshire Hathaway (BRK.B) Pulls Back on Risk, Waits on AI as Q1 Income Slips 14% Buffett and Jain outline a cautious path: fewer insurance bets, leaner Geico, and no AI rush--for now Berkshire Hathaway (BRK.B) Walks From $10B Deal as Buffett Sounds Alarm on U.S. Debt At 94, Buffett still isn't chasing deals and still isn't mincing words Warren Buffett To Step Down as CEO of Berkshire Hathaway at Year-End Warren Buffett said Saturday he intends to step down as CEO of Berkshire Hathaway, with Vice Chair Greg Abel set to assume the role at the end of the year. Warren Buffett to step down as CEO of Berkshire Hathaway by end of the year Warren Buffett said on Saturday that he plans to step down by the end of this year as CEO of Berkshire Hathaway, and has named Greg Abel as his successor. Berkshire Hathaway (BRK.B) Q1 Profit Drops 63% as Buffett Warns Against Weaponized Trade Net earnings fall on wildfire losses; cash hoard hits $334B amid limited investment options Warren Buffett Waves White Flag: Berkshire Can't Compete with Private Equity Berkshire admits defeat in the hottest deal game--and explains why it's refusing to play by Wall Street's rules. Berkshire's Abel says wildfires prompted new approach to keeping lights on OMAHA, Nebraska (Reuters) -Berkshire Hathaway Vice Chairman Greg Abel said on Saturday that "keeping the lights on" is no longer a priority for the conglomerate's utilities when the threat of wildfires becomes excessive. Abel spoke at Berkshire's annual shareholder meeting, as the conglomerate's PacifiCorp utility defends against a slew of litigation over wildfires in Oregon and northern California. Performance Overview Trailing total returns as of 5/2/2025, which may include dividends or other distributions. Benchmark is TSEC CAPITALIZATION WEIGHTED ST (^TWII) Return 5230.TWO TSEC CAPITALIZATION WEIGHTED ST (^TWII) YTD -23.99% -9.76% 1-Year -41.57% +2.79% 3-Year -12.00% +25.29%